Receive the latest alerts via email

We expect a 41 pip movement on SB within 12 hours following the event release.

Based on the last 12 Ifo Business Climate events in Germany, we expect a 41 pip movement on SB within 12 hours following the event release at 27 Jan 09:00 UTC. We expect SB to trend downwards 12 hours following the event release at 27 Jan 09:00 UTC if the released value is < 97 Historical events that allowed us to draw this conclusion

25 Jul 08:00
23 May 08:00
22 Feb 09:00
25 Jan 09:00

All references to movement sizes are expressed assuming a lot size of 100,000 units (“standard account”).

Total
0
Shares
Previous Post

Breach of 7467.5000 could mean a start of a bearish trend on UK100

Next Post

Could a large bearish move on LTCAUD be a sign of things to come?

Related Posts